CH SUM : Contemporary Economic Issues

The process by which businesses or other organizations develop international influence or start operating on an international scale

The unrestricted flow of capital

Removal of trade barriers

<p>Economic Growth</p> Signup and view all the answers

<p>Rapid advancements in technology</p> Signup and view all the answers

<p>Exploiting geographic advantages such as lower labor costs</p> Signup and view all the answers

<p>Increased cultural diversity</p> Signup and view all the answers

<p>Standardization of laws and regulations</p> Signup and view all the answers

<p>Access to new markets and broadening of customer base</p> Signup and view all the answers

<p>Encouragement of international trade and investment</p> Signup and view all the answers

<p>A country specializes in producing goods for which it has the lowest opportunity cost</p> Signup and view all the answers

<p>Integration of economic activities</p> Signup and view all the answers

<p>The socio-economic and political differences between developed and developing countries</p> Signup and view all the answers

<p>Loss of biodiversity due to habitat destruction</p> Signup and view all the answers

<p>Providing subsidies and incentives for adopting renewable energy</p> Signup and view all the answers

<p>Promotion of inequality and cultural erosion</p> Signup and view all the answers

<p>To promote efficiency and specialization in trade</p> Signup and view all the answers

<p>Job losses in developed countries due to outsourcing</p> Signup and view all the answers

<p>A country can produce a good more efficiently than other countries</p> Signup and view all the answers

<p>Increased industrial activity, leading to environmental degradation</p> Signup and view all the answers

<p>Education and Awareness</p> Signup and view all the answers

<p>Encouraging the use of recycled materials</p> Signup and view all the answers

<p>To maintain natural resources for future generations</p> Signup and view all the answers

<p>Significant environmental pollution and health issues</p> Signup and view all the answers

<p>Integrating sustainable practices into various sectors of the economy</p> Signup and view all the answers

<p>Reliance on coal and other fossil fuels</p> Signup and view all the answers

<p>Encouraging environmentally friendly practices</p> Signup and view all the answers

<p>Millennium Development Goals</p> Signup and view all the answers

<p>Land degradation</p> Signup and view all the answers

<p>Community Involvement</p> Signup and view all the answers

<p>Increased investment and business opportunities</p> Signup and view all the answers

<p>They exploit geographic advantages such as lower labor costs</p> Signup and view all the answers

<p>Lowering of the cost of operations and fostering innovation</p> Signup and view all the answers

<p>Increased economic integration</p> Signup and view all the answers

<p>Integration of economic activities</p> Signup and view all the answers

<p>Exchange of cultural ideas and practices, influencing lifestyles and behaviors worldwide</p> Signup and view all the answers

<p>The unrestricted flow of capital</p> Signup and view all the answers

<p>Facilitated international business operations</p> Signup and view all the answers

<p>Encouraged international trade and investment</p> Signup and view all the answers

<p>Easier and cheaper trade and sharing of information</p> Signup and view all the answers

<p>Economic disparities between developed and developing countries</p> Signup and view all the answers

<p>Overpopulation</p> Signup and view all the answers

<p>Access to new markets</p> Signup and view all the answers

<p>Promoting efficiency and specialization</p> Signup and view all the answers

<p>Cultural erosion</p> Signup and view all the answers

<p>Implementing legislation requiring environmental impact assessments</p> Signup and view all the answers

<p>Job losses in developed countries</p> Signup and view all the answers

<p>Environmental degradation</p> Signup and view all the answers

<p>Access to new markets and broadening of customer base</p> Signup and view all the answers

<p>Threatening ecological balance and public health</p> Signup and view all the answers

<p>To tax harmful products and charge for environmental resource usage</p> Signup and view all the answers

<p>Land degradation and overgrazing</p> Signup and view all the answers

<p>To integrate sustainable practices into various sectors of the economy</p> Signup and view all the answers

<p>Millennium Development Goals</p> Signup and view all the answers

<p>Promoting sustainable practices and environmentally friendly behaviors</p> Signup and view all the answers

<p>To implement laws that protect the environment and ensure sustainable standards</p> Signup and view all the answers

<p>Energy production and reliance on fossil fuels</p> Signup and view all the answers

<p>Education and awareness</p> Signup and view all the answers

<p>To engage local communities in conservation efforts and sustainable development projects</p> Signup and view all the answers

<p>Decreased air pollution and greenhouse gas emissions</p> Signup and view all the answers

<p>Developed nations tend to export raw materials while importing high-value manufactured goods.</p> Signup and view all the answers

<p>It promotes sustainable development and ecological balance.</p> Signup and view all the answers

<p>To protect the environment and public health.</p> Signup and view all the answers

<p>Job losses in developed countries due to outsourcing to regions with cheaper labor.</p> Signup and view all the answers

<p>To promote efficiency and specialization in production.</p> Signup and view all the answers

<p>It increases environmental degradation and pollution.</p> Signup and view all the answers

<p>It broadens the customer base and increases economic growth.</p> Signup and view all the answers

<p>It increases economic disparities between and within countries.</p> Signup and view all the answers

<p>To balance economic development with environmental protection and conservation.</p> Signup and view all the answers

<p>It poses a significant threat to ecological balance and public health.</p> Signup and view all the answers

<p>To integrate sustainable practices into various sectors of the economy</p> Signup and view all the answers

<p>Land degradation and soil erosion</p> Signup and view all the answers

<p>To promote sustainable practices through financial incentives</p> Signup and view all the answers

<p>Mining and industrial activities</p> Signup and view all the answers

<p>Enhanced environmental sustainability</p> Signup and view all the answers

<p>Legislation and regulation</p> Signup and view all the answers

<p>To engage local communities in conservation efforts</p> Signup and view all the answers

<p>Land degradation and soil erosion</p> Signup and view all the answers

<p>To reduce the environmental impact of human activities</p> Signup and view all the answers

<p>The Millennium Development Goals</p> Signup and view all the answers

<p>Removal of trade barriers, making it easier to buy and sell goods internationally</p> Signup and view all the answers

<p>Unrestricted flow of capital</p> Signup and view all the answers

<p>Economic development and growth</p> Signup and view all the answers

<p>Lowering the cost of operations and fostering innovation</p> Signup and view all the answers

<p>Increased global relationships lead to an exchange of cultural ideas and practices</p> Signup and view all the answers

<p>Exploiting geographic advantages</p> Signup and view all the answers

<p>Encourages international trade and investment</p> Signup and view all the answers

<p>Facilitates the movement of goods, services, capital, and labor</p> Signup and view all the answers

<p>Free movement of resources across borders</p> Signup and view all the answers

<p>Increased global relationships lead to an exchange of cultural ideas and practices</p> Signup and view all the answers

<p>Economic growth and development</p> Signup and view all the answers

<p>The unrestricted flow of capital</p> Signup and view all the answers

<p>Rapid advancements in technology</p> Signup and view all the answers

<p>Increased global relationships</p> Signup and view all the answers

<p>Removal of trade barriers and increased investment opportunities</p> Signup and view all the answers

<p>Facilitation of international business operations</p> Signup and view all the answers

<p>Economic growth and development</p> Signup and view all the answers

<p>Exploitation of geographic advantages such as lower labor costs</p> Signup and view all the answers

<p>Encouragement of international trade and investment</p> Signup and view all the answers

<p>Increased global relationships and investment opportunities</p> Signup and view all the answers

<p>To reduce environmental impact</p> Signup and view all the answers

<p>To engage local communities in conservation efforts</p> Signup and view all the answers

<p>Land degradation</p> Signup and view all the answers

<p>To integrate sustainable practices into various sectors</p> Signup and view all the answers

<p>Mining and industrial activities</p> Signup and view all the answers

<p>To raise awareness about environmental issues</p> Signup and view all the answers

<p>To inform the public about environmental issues</p> Signup and view all the answers

<p>Improving public transportation</p> Signup and view all the answers

<p>Environmental pollution and health issues</p> Signup and view all the answers

<p>To ensure that industries comply with sustainable standards</p> Signup and view all the answers

<p>Homogenization of cultures</p> Signup and view all the answers

<p>By encouraging countries to specialize in goods with low opportunity cost</p> Signup and view all the answers

<p>To conduct environmental impact assessments</p> Signup and view all the answers

<p>It causes job losses due to outsourcing</p> Signup and view all the answers

<p>Threats to ecological balance and public health</p> Signup and view all the answers

<p>To reduce pollution and environmental degradation</p> Signup and view all the answers

<p>A country can produce a good more efficiently than other countries</p> Signup and view all the answers

<p>Significant income gap between developed and developing countries</p> Signup and view all the answers

<p>Promotes economic growth, cultural exchange, and innovation</p> Signup and view all the answers

<p>To promote efficiency and specialization in production</p> Signup and view all the answers